Using the following table, what is the present value of $63,000 to be received in five...
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Using the following table, what is the present value of $63,000 to be received in five years, if the market rate is 6% compounded annually? Round to the nearest whole number. Periods 5% 6% 7% 10% 1 0.95238 0.94340 0.93458 0.90909 0.90703 0.89000 0.87344 0.82645 3 0.86384 0.83962 0.81630 0.75132 4 0.82270 0.79209 0.76290 0.68301 0.78353 0.74726 0.71299 0.62092 0.74622 0.70496 0.66634 0.56447 7. 0.71068 0.66506 0.62275 0.51316 0.67684 0.62741 0.58201 0.46651 9. 0.64461 0.59190 0.54393 0.42410 10 0.61391 0.55840 0.50835 0.38554 6. Using the following table, what is the present value of $63,000 to be received in five years, if the market rate is 6% compounded annually? Round to the nearest whole number. Periods 5% 6% 7% 10% 1 0.95238 0.94340 0.93458 0.90909 0.90703 0.89000 0.87344 0.82645 3 0.86384 0.83962 0.81630 0.75132 4 0.82270 0.79209 0.76290 0.68301 0.78353 0.74726 0.71299 0.62092 0.74622 0.70496 0.66634 0.56447 7. 0.71068 0.66506 0.62275 0.51316 0.67684 0.62741 0.58201 0.46651 9. 0.64461 0.59190 0.54393 0.42410 10 0.61391 0.55840 0.50835 0.38554 6.
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Construction accounting and financial management
ISBN: 978-0135017111
2nd Edition
Authors: Steven j. Peterson
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